Zainab Ahmed

$800m World Bank Post-Petrol Subsidy Removal Facility: Nigeria Awaiting Parliament’s Approval for Disbursement

Africa's most populous country ssys 50 million vulnerable citizens identified and registered to receive N5,000 cash each.

2 years ago

Naira Redesign: CBN Didn’t Consult Finance Ministry, Says Zainab Ahmed

The finance minister warned that issuing the new notes will have dire consequences on the Naira’s value.

2 years ago

Nigeria: FG Proposes N19.76tn Budget for 2023, Projects Deficit May Rise to N12.41tn

Ahmed explained that the benchmark crude oil price was pegged at $70 per barrel and at an exchange rate of…

2 years ago

Nigeria Spends N18bn Daily on Petrol Subsidy, Finance Minister Reveals

She lamented the burden of petrol subsidy on the government and recommended a stakeholders’ meeting on the way forward.

2 years ago

Despite Pushback, Nigeria to Implement 5% Hike on Data, Voice Calls

Reacting to Pantami's recent position that he was not carried along on the new tariff, Ahmed said he could not…

2 years ago

Nigeria Explains Purchase of SUVs Worth N1.45bn for Niger Republic

Finance Minister Zainab Ahmed said Nigeria has a policy of assisting its neighbours to strengthen capacity to deal with insecurity.

2 years ago

Nigeria’s Excess Crude Account Shrinks from $35.37m to $376,655

The amount reduced significantly between June and July but no explanation was given for the huge drop.

2 years ago

Nigeria: With Rising Debt Service Cost, Economists Urge FG to Reprioritise Expenditure

Nigeria's Finance Minister Zainab Ahmed sounded the alarm bells when she said the country’s debt service cost outstripped its revenue.

2 years ago

Nigeria’s Debt Service Hits N1.94trn, Overwhelms Revenue by N310bn

Debt service cost outstripping the country’s revenue is an indication of dangers ahead; policymakers must implement reforms to save the…

2 years ago

FG Shelves $950m Eurobond Sale Over Unfavourable Pricing

Nigeria's federal government has suspended plans to raise about $950 million in overseas bonds, as a result of unfavourable market…

2 years ago

Nigeria: Disagreements Among Concessioners Delaying Take-off of $3.1bn e-Customs Project, FG Says

The federal government has explained why the $3.1 billion contract for complete automation of the Nigeria Custom Service (NCS) approved…

2 years ago

Nigeria Saved N48bn from Second Niger Bridge Project, Says Finance Minister Ahmed

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has indicated that the federal government saved about N48…

3 years ago

Nigeria Introduces 6% Tax on Digital Services, Non-Resident Companies

Nigeria's federal government on Wednesday disclosed that henceforth it would charge offshore companies providing digital services to local customers in…

3 years ago

Nigerians React To Planned Removal of Fuel Subsidies – Trending With Ojy Okpe

Zainab Ahmed, the minister of finance, budget and national planning, has come under fire on social media for saying Nigeria…

3 years ago

Nigeria Will Replace Fuel Subsidy with N5,000 Transport Grant for Poorest Citizens

Zainab Ahmed, Nigeria's minister of finance, budget and national planning, says Nigeria will remove fuel subsidies by 2022 and replace…

3 years ago

Continue VAT Collection in All States, Nigeria’s Finance Minister Directs FIRS

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has directed the Federal Inland Revenue Service (FIRS) to continue…

3 years ago

Nigeria Imported $4.4bn Used Vehicles in One Year

Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Thursday disclosed that a case study has revealed…

3 years ago

Nigeria Proposes $2bn Supplementary Budget for Covid Vaccines, Others

Nigeria’s federal government has prepared a supplementary budget of N895.84 billion for the provision of COVID-19 pandemic vaccines and military…

3 years ago

Education of Nigerian Children an Investment in Country’s Economy, Finance Minister Ahmed Says

[bc_video video_id="6249524922001" account_id="6116119081001" player_id="default" embed="in-page" padding_top="56%" autoplay="" min_width="0px" playsinline="" picture_in_picture="" max_width="640px" mute="" width="100%" height="100%" ] Nigeria's Minister Finance, Budget and…

4 years ago

Nigeria: FG Turned Down Governors’ Request to Borrow N50bn from Central Bank, Finance Minister Ahmed Says

Nigeria's Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday narrated how the federal government rejected a…

4 years ago